SESSION 1929 HOUSE OF COMMONS STANDING COMMITTEE BANKING AND COMMERCE MINUTES OF PROCEEDINGS AND EVIDENCE Respecting, BILL 132 ‘An Act to Incorporate the CENTRAL MORTGAGE BANK MONDAY, MAY 29, 1939 es WITNESS: Me. P. D'Arcy LeonardORDER OF REFERENCE Pray May 26,1898 COntered, That the following Bill be referred to the ssid Committe:— Bill No. 182, An Act to incorporate the Central Morgner Bank. Att ARTHUR BEAUCHESNE, Clerk of the Howse.MINUTES OF PROCEEDINGS Moxnar, May 29, 1998. Phe Standing Committee on Banking and Commeree met nt 115 ain. Me. Moore, the Chairman, presited Manbers. presents Messts, Cahan, Cleaver, Coldwell, Donnelly, Dub Dunning, Hill, Tisley, Jaques, Kinley, Landeryon, MePhee, Maybank, Moor Parlor Blaston, Queleh, Ross (81, Paul's), Stevens. Taylor (Nanaimo), Thorson, Tucker. Ward, White In attendance: De. W. ©, Clark, Deputy Minister of Finance and several fe and Tuvestment Companies representatives af Insurance. Loan, Mor The Comittee had under consideration Bil No, 182, An Act to incor porate the Central Mortage Bank a brie’ statement om the ive froma x member of Hon Mr. Dunning, Minister of Finance, made tion, He alsa referred toa Tetter re tin that the Senators he invited to atterss tue sittings of the proposed. Test the Senate = Connnittee dutring the consideration of dis bill, Ordered that such an invitation he extended to the Honourable Members of the Senate, On motion of Me. Kinley, Resnlecd-That representatives of the finaucial instivutions present, be heank providing they present their views Wit as little duplication as possible, hil preferably. by selecting one of their growp to make the presentation, Mr. T. D’arey I an Investment Coy Mr. Leo At 1 w'elock the Comuittee adjouried until 4 pan, onard, K.C., General Counsel for the Dominion Mortgage ny. Was called a genceal statement and was questioned APTERNOON SITTING The Committee resumed at 4 o'elork Members. presents, Messrs, Cahan, Cleaver, Coldwell, Donnelly, Dubuc, Dunning, Hill Tsler. Jaques, Kinley, Kirk, Landeryou, Ledue. MePhee, bank. Moore, Perley. Plaxton, Quetch, Ross (St Pardl’s), Stevens, (Nanaimo), ‘Phorson, Tueker, Ward examined, Me. Leonard recalled and fr At the request of the Committee, Mr, Leonard azree! to submit a Tist of the member companies in the Association represented by him Witness retired